Burnley owners seek to lift strike-off notice

Burnley's owner ALK Capital received a strike-off notice from Companies House for late accounts filing; the club's debt surged to £142m in 12 months.

Velocity Capital (UK) Holdings, the investment arm of ALK Capital which owns Burnley, has received a compulsory strike-off notice from Companies House dated 3 November 2026 for failing to submit accounts on time. The club's financial debt increased dramatically from £30m to £142m over a 12-month period according to its latest accounts to July 2025.

ALK Capital said it is in direct contact with Companies House and working with external accountants and auditors to finalise outstanding accounts, expecting to make necessary filings in the coming weeks. A strike-off would remove the company from the Companies House register and cease it as a legal entity.

ALK Capital acquired Burnley in 2020 through a leveraged takeover with a £65m loan from investment company MSD, which has since been refinanced. The club has yo-yoed between the Championship and Premier League, most recently relegated from the top flight last season, and currently sits 22nd in the Championship after sacking manager Nicky Hayen on Saturday.